The price is rising towards our sell entry level at 1.3540, which is an overlap resitance that is slightly below the 38.2% Fibonacci retracement.
Our stop loss is set at 1.3621, which is a pullback resistance that lines up with the 78.6 Fibonacci retracement.
Our take profit is set at 1.3471. Which is an overlap support level.
High Risk Investment Warning
65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Our stop loss is set at 1.3621, which is a pullback resistance that lines up with the 78.6 Fibonacci retracement.
Our take profit is set at 1.3471. Which is an overlap support level.
High Risk Investment Warning
65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.